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Sorry for the mistake: It should say: More than 15% of the shareholders base are institutional investor (a lot of funds in here involved):

The Top 10 below:

Holder Common Shares Held % Of CSO
Sprott Asset Management Inc. 3,571,956 3.761
Heartland Advisors, Inc. 3,000,000 3.159
Pembroke Management Ltd. 2,000,000 2.106
AGF Management Ltd. (TSX:AGF.B) 1,854,300 1.953
Sentry Select Capital Corp. 1,700,000 1.79
Blackrock Financial Management Inc. 1,133,500 1.194
USAA Investment Management Company 375,000 0.395
Baldwin Brothers, Inc. 300,000 0.316
Etienne, Odier, Pythoud & Cie SA 150,000 0.158
Oaktree Asset Management, Llc 21,000 0.022
Total 14,105,756 14.854
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